Elemental Crisis; Turning the Ship Around; The Dog Aging Project | 60 Minutes Full Episodes
In a Nutshell
**US faces critical vulnerabilities in rare earth elements and shipbuilding due to China's monopolies—MP Materials revived the sole US rare earth mine at Mountain Pass with Pentagon backing to produce magnets for defense and tech, while foreign investment modernizes struggling yards like Philadelphia to counter China's 1,000 annual cargo ships vs. America's 3.** **The Dog Aging Project studies 50,000+ dogs' aging via MRIs, blood tests, and lifestyle data, revealing parallels to human dementia and cancer; trials of rapamycin reduced brain inflammation in dogs, promising longevity drugs like Loyal's for healthier years.** **Government interventions, including equity deals, price floors, and a White House shipbuilding office, address these crises pragmatically amid trade wars and national security risks.**
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An hour southwest of Las Vegas in the Mojave sits the only active rare earth mine in the US at Mountain Pass, California. This is a battlefield in the trade war with China, which has a near monopoly over these strategic metals. When Beijing choked off supplies last year, James Latinsky and his company MP Materials got the call from the Pentagon with a directive from the president to solve this problem quickly.
American shipbuilding is in shambles, a money loser falling decades behind rivals. China makes roughly 1,000 cargo ships a year; the US makes maybe 3. > "At the end of the day, ship building is a national security necessity. The US needs to be able to secure our own commerce. We need to be able to export our own energy. We are in a ship building crisis in the United States and every American should be aware of that."
Dogs live alongside humans, exposed to the same environments, exercise, food, and water. Researchers believe dogs may help treat age-related illnesses like cancer and dementia, which occur in dogs as in humans. > "And you believe looking at dogs can help us not only help dogs but humans as well." "Yes, of course. Absolutely."
China holds a near monopoly on rare earth elements, key for smartphones, robotics, EVs, fighter jets, drones, and radar. China controls materials essential to US ability to wage war. MP Materials mines rare earths, processes them, and makes superpowered magnets. It's part-owned by US taxpayers via a federal government deal.
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